CESTAT Mumbai upholds security deposit forfeiture for customs broker failing to verify importer credentials under CBLR, sets aside licence revocation.
Mumbai ITAT sends back case of alleged bogus purchases by Jagdish Udhavdas Bajaj, citing need to verify claim of goods return to supplier.
Kerala High Court sets aside tax/penalty for using wrong GST credit head, citing credit pool concept & precedent. Dept to issue fresh orders.
Supreme Court dismisses tax department appeal, affirming Andhra Pradesh High Court ruling classifying flavoured milk under lower 5% GST rate.
ITAT Ahmedabad confirms CIT(A)’s decision to delete addition for bogus creditors and allow restricted depreciation on a CNC Lathe for AY 2017-18.
ITAT Delhi allows Gajender Kumar’s appeals for AYs 2012-13, 2013-14, quashing reassessments over invalid reasons based on unverified cash deposit info.
Delhi High Court sets aside tax reassessment for firm post-IBC resolution plan, citing ‘Clean Slate Theory’ and prior judgments on extinguished dues.
Delhi High Court sets aside Section 153C notice for AY 2015-16, ruling assessment time-barred based on date documents were handed over by the search AO.
Madras High Court set aside the rejection of Annai Velanganni Industries’ tax appeal, condoning a 192-day delay due to the proprietor’s ill-health and ordering a decision on merits.
ITAT Delhi sends back tax case on cash deposit addition to AO, citing need to verify if bank account belonged to dissolved firm or proprietor.